PARDOES
ActivePARDOES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-619k) and a net result of €74k. Equity is shrinking by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 255 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
16
/ 100
Critical▲ +1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-90
Solvency33=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.42 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-49.8%
Return on assets
6%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 255 sector peers (2025).
NBB · sector comparisonPosition among 255 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
13 d early
2023
15 d early
2022
39 d early
2021
44 d early
2020
24 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-619k▲ 10.7%
2024 · €-693k
2018: €155k
2019: €508k
2020: €816k
2022: €-228k
2023: €-568k
2024: €-693k
2018 → 2025
Total assets
€1.24M▲ 1.8%
2024 · €1.22M
2018: €2.44M
2019: €3.59M
2020: €4.19M
2022: €1.78M
2023: €1.03M
2024: €1.22M
2018 → 2025
Net result
€74k
2024 · €-125k
2018: €45k
2019: €353k
2020: €308k
2022: €-514k
2023: €-340k
2024: €-125k
2018 → 2025
Working capital
€-1.03M▲ 6.0%
2024 · €-1.10M
2018: €1.68M
2019: €2.21M
2020: €2.50M
2022: €-643k
2023: €-1.03M
2024: €-1.10M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€816k-€-228k€-568k▼ 149%€-693k▼ 22.0%€-619k▲ 10.7%
Operating result€335k-€-420k€-268k▲ 36.2%€-68k▲ 74.5%€135k
Net result€308k-€-514k€-340k▲ 33.8%€-125k▲ 63.2%€74k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €135k after a loss of €68k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.24M
Fixed assets
€430k▲ 0.1%
Current assets
€812k▲ 2.7%
Key figures and ratios
EBITDA
€214k▲
2024 · €14k
Cash flow
€152k▲
2024 · €-42k
Solvency
-49.8%▲
2024 · -56.8%
Current ratio
0.44▲
2024 · 0.42
Quick ratio
0.24▼
2024 · 0.25
Debt / equity
-3.01▼
2024 · -2.76
ROE
-12.0%▼
2024 · 18.0%
ROA
6.0%▲
2024 · -10.3%
Interest coverage
3.48▲
2024 · 0.25
Debt
€1.86M▼
2024 · €1.91M
Debt ≤ 1 year
€1.84M▼
2024 · €1.89M
Debt > 1 year
€0▼
2024 · €12k
Staff costs
€258k▲
2024 · €226k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.24M▲
Fixed assets21/28€430k€430k▲
Tangible fixed assets22/27€430k€430k▲
Plant, machinery and equipment23-€14k
Furniture and vehicles24€430k€417k▼
Current assets29/58€791k€812k▲
Stocks and contracts in progress3€312k€370k▲
Stocks30/36€312k€370k▲
Amounts receivable within one year40/41€94k€62k▼
Trade receivables40€94k€62k▼
Other amounts receivable41€111€0▼
Cash at bank and in hand54/58€378k€365k▼
Deferred charges and accrued income490/1€8k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.24M▲
Equity10/15€-693k€-619k▲
Contributions10/11€1.01M€1.01M=
Capital10€1.01M€1.01M=
Issued capital100€1.01M€1.01M=
Reserves13€16k€16k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Profit (loss) carried forward14€-1.72M€-1.65M▲
Amounts payable17/49€1.91M€1.86M▼
Amounts payable after more than one year17€12k€0▼
Financial debts170/4€12k€0▼
Amounts payable within one year42/48€1.89M€1.84M▼
Current portion of amounts payable after more than one year42€30k€12k▼
Trade debts44€362k€264k▼
Suppliers440/4€362k€264k▼
Taxes, remuneration and social security45€31k€65k▲
Taxes450/3€8k€13k▲
Remuneration and social security454/9€23k€52k▲
Other amounts payable47/48€1.47M€1.50M▲
Accrued charges and deferred income492/3€13k€18k▲
Income statement
Code20242025
Non-recurring operating income76A€5k€54▼
Remuneration, social security and pensions62€226k€258k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€78k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-298k€0▲
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€41€0▼
Gross operating margin9900€-55k€473k▲
Operating profit (loss)9901€-68k€135k▲
Financial income75/76B€372€115▼
Recurring financial income75€372€115▼
Financial charges65/66B€57k€61k▲
Recurring financial charges65€57k€61k▲
Profit (loss) for the period before taxes9903€-125k€74k▲
Profit (loss) for the period9904€-125k€74k▲
Profit (loss) for the period to be appropriated9905€-125k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.72M€-1.65M▲
Profit (loss) brought forward from the previous period14P€-1.60M€-1.72M▼
Transfer from equity791/2€0-
Social balance
Average headcount (FTE)90874.24.4▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
State Gazette act
RestructuringOverdracht algemeenheid · Corporate purpose · Board composition16 facts ▸
State Gazette act
Restructuring
Overdracht algemeenheid · Corporate purpose · Board composition16 facts ▸
- Overdracht algemeenheid, Overdracht van de Algemeenheid (activiteiten, activa, passiva, rechten, verplichtingen, goodwill) van PARDOES NV aan ALL ABOUT BOOKS BV
- Corporate purpose, a) informatie verspreiden over kinder- en jeugdboeken en -cultuur, over jeugd, opvoeding en vorming, over andere aspecten van cultuur en samenleving; het bevord…
- Corporate purpose, 1) De groothandel, kleinhandel en handelsbemiddeling van en in boeken, kranten, tijdschriften en kantoorbehoeften; Detailhandel en groothandel in boeken, papier…
- Board composition, bestuurder, 2026-08-19
- Board composition, bestuurder, 2026-08-19
- Permanent representative, Thom Pelckmans
- Board composition, bestuurder, 2026-08-19
- Permanent representative, Thom Pelckmans
- Employee transfer, Werknemers verbonden aan de Algemeenheid gaan over op de Overnemende Vennootschap in overeenstemming met CAO nr. 32bis van 7 juni 1985 (wijziging van de werkgev…
- Consideration, Een bepaalde prijs, zoals nader wordt overeengekomen in de Overdrachtsovereenkomst
- No new shares, Geen nieuwe aandelen uitgereikt bij of ingevolge de Overdracht; geen datum vastgesteld voor winstdeelname; geen bijzondere regeling
- Accounting treatment, Geen boekhoudkundige retroactiviteit; handelingen tot de Datum van Overdracht voor rekening van de Overdragende Vennootschap; handelingen vanaf de Datum van Ove…
- +4 further facts in this act
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €74k
Net result €74k after 3 loss-making years.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-514k ▼267%
Net result drops to €-514k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €353k ▲692%
Operating result €483k, net result €353k, both a record.
31-12
Financial
Equity above €500kEq €508k ▲228%
2 profitable years in a row build equity to €508k.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ontvoeringsplein 122800 MechelenGround area
1,052 m²
Building footprint
580 m²
Volume, LiDAR
5,205 m³
Parcel 12402C0123/02A000, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pardoes
since 20102.193.790.897
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402C0123/02A000 | Flanders | 1,052 m² | 1 · 580 m² | 15.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 599 companies in sector 47610 we hold annual accounts for 240. 106 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-08-2004
Fiscal year end31-12
Activities, NACEBEL
58110Book publishing
47610Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.